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IBM's Competitors, Revenue, Number of Employees, Funding and Acquisitions

IBM manufactures and markets computer hardware and software, offers infrastructure, hosting and consulting services.

IBM ... Read more

Based on data from IBM's latest SEC filings

Annual Revenue

Based on data from IBM's latest SEC filings

Employees

Virginia M. Rometty's photo - Chairman & CEO of IBM

Chairman & CEO

Virginia M. Rometty

CEO Approval Rating

70/100

OVERVIEW

Founded:

1911

Headquarters:

ArmonkNew York

Status:

PublicIndependent Company of NYSEIBM

Industry Sector:

IT Services

Internet Software

IT Consulting

SIC Code:

7371NAICS listing »

7372NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Fujitsu a competitor of IBM?

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Trending News for IBM and IBM's Competitors

January 21, 2020

Reuters

IBM forecasts full-year profit above estimates on cloud growth

International Business Machines Corp forecast full-year profit above market expectations on Tuesday a... See more »

January 21, 2020

IT Brief New Zealand

Dynatrace teams with Google and Microsoft on OpenTelemetry

Contributing technical knowhow and manpower to help make OpenTelemetry enterprise-grade.... See more »

January 21, 2020

ByteFunding

#microsoft's CEO looks to a future beyond Windows, iOS, and #android

Microsoft CEO Satya Nadella | Photo by Sean Gallup/Getty Images "What do you think is the biggest har... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Accenture is perceived as one of IBM's biggest rivals. Accenture is headquartered in Dublin, County Dublin, and was founded in 1989. Like IBM, Accenture also operates in the IT Consulting industry. Accenture generates 57% the revenue of IBM.

Capgemini is one of IBM's top competitors. Capgemini is a Public company that was founded in 1967 in Paris, Île-de-France. Like IBM, Capgemini also operates in the IT Services field. Compared to IBM, Capgemini has 131,100 fewer employees.

DXC has been one of IBM's top competitors. DXC was founded in 2017 in Tysons, Virginia. Like IBM, DXC also works within the IT Services field. DXC generates $56.9B less revenue than IBM.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Virginia M. Rometty

Chairman & CEO

- -
350,600
$0
$77.1B
1

Julie Sweet

CEO

72/100
459,000
- -
$42.5B
2

Paul Hermelin

Chairman & CEO

74/100
219,500
- -
$15B
3

Mike Salvino

CEO

71/100
150,000
- -
$20.2B
4

Takahito Tokita

President

66/100
132,000
- -
$35.6B
5

Sundar Pichai

CEO

71/100
99,445
$1.7B
$155.1B
6

Satya Nadella

CEO

77/100
131,000
$61M
$129.8B
7

Chuck Robbins

Chairman & CEO

65/100
74,200
- -
$52B
8

Andy Jassy

CEO

67/100
25,000
- -
$25.6B
9

Safra A. Catz

CEO

76/100
137,000
$31.5M
$39.6B
10

Jennifer Morgan

Co-CEO

87/100
84,183
- -
$29.6B
The top 10 competitors in IBM's competitive set are Accenture, Capgemini, DXC, Fujitsu, Google, Microsoft, Cisco, AWS, Oracle and SAP. Together they have raised over 1.8B between their estimated 1.6M employees. IBM has 350,600 employees and is ranked 2nd among it's top 10 competitors. The top 10 competitors average 169,266.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$77.1B

IBM's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 56.6B. Over the last four quarters, IBM's revenue has decreased by 17.2%. Specifically, in Q3 2019's revenue was $18B; in Q2 2019, it was $19.2B; in Q1 2019, it was $18.2B; in Q4 2018, IBM's revenue was $21.8B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Red Hat Inc

Oct 2018

Source »
$34B
Red Hat provides open source software development, training and certification services to the enterprise community.
Oniqua Pty Ltd.

Jun 2018

Source »
undisclosed
Oniqua is a provider of MRO inventory optimization solutions for mining, transportation and petrochemical industries.
Armanta Corporation

May 2018

Source »
undisclosed
Armanta is a developer and provider of aggregation and analytics software to financial services firms.
Vivant

Oct 2017

Source »
undisclosed
Vivant is a digital agency that offers behavioral science and data transformation solutions for financial industries.
Cloudigo

Sep 2017

Source »
undisclosed
Cloudigo is a data center company that specializes in developing data center infrastructure and networking solutions.

These are all the companies that IBM has acquired. IBM has acquired 59 companies and its latest acquisition was Red Hat Inc in Oct 2018. Red Hat provides open source software development, training and certification services to the enterprise community.

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Apttus is a provider of revenue management solutions for energy, financial, healthcare, and entertainment industries.
$55.2M
Sep 07, 2017
Series E
Sep 01, 2018
Lightbend is a provider of reactive application development platform for building distributed applications.
$15M
Jul 11, 2017
Series C
-
Digital Asset is a distributed ledger platform that offers compliance reporting and auction settlement solutions for financial institutions.
$60M
Jan 20, 2016
Equity
-
Sellpoints develops an e-commerce optimization platform that offers digital marketing and data analytics solutions for enterprises.
$7.5M
May 18, 2015
Series C
Aug 01, 2019
WayBlazer is an AI based travel planning platform that delivers driving conversion and engagement solutions for travel and leisure industry.
$5M
May 18, 2015
Series A
-

These are all the companies that IBM has invested in. IBM has invested 59 companies and its latest investment was Red Hat Inc in Oct 2018. Red Hat provides open source software development, training and certification services to the enterprise community.

IBM News

Today 3:18 PMInsurance Journal

IBM Calls For Rules to Curb Bias in Artificial Intelligence

IBM called for rules aimed at eliminating bias in artificial intelligence to ease concerns that the t... See more »
Today 3:17 PMBenzinga

IBM Analysts Divided Over Merit Of Q4 Beat, Strong Guidance

IBM (NYSE: IBM) reported better-than-expected fourth-quarter results and also issued upbeat earnings ... See more »
Today 3:10 PMComputer Business Review

IBM Hits "Historical" Mainframe Highs

"We're going to take aggressive structural actions to reposition the business"The post MIPS Go Mad: I... See more »
Today 2:29 PMMarketWatch

IBM's stock alone fueling 22 points' worth of premarket Dow gain

IBM's stock alone fueling 22 points' worth of premarket Dow gain... See more »
Today 2:19 PMZacks

Aspen, Carpenter Technology, Netflix, IBM and United Airlines highlighted as Zacks Bull and Bear of the Day

Aspen, Carpenter Technology, Netflix, IBM and United Airlines highlighted as Zacks Bull and Bear of t... See more »
Today 2:17 PMBenzinga

I.AM+ Aims to Accelerate Ethical AI Adoption with Red Hat OpenShift on IBM Public Cloud

ARMONK, N.Y., Jan. 22, 2020 /PRNewswire/ -- I.AM+, the technology company founded by global music art... See more »
Today 2:17 PMComputing

IBM reports surprise (small) quarterly revenue rise - largely thanks to its Red Hat acquisition

IBM's tiny 0.1 per cent fourth-quarter revenue increase overshadowed by 3.1 per cent decline for the ... See more »

IBM Blogs

October 26, 2016IBM Blog

18 OpenStack Cloud Vendors Successfully Complete Community Interop Challenge Issued by IBM Cloud

IBM today announced the results of the Interop Challenge, a cloud industry initiative aimed at demons... See more »
October 25, 2016IBM Blog

IBM Introduces New Watson Solutions for Professions

IBM today unveiled a series of new cognitive solutions intended for professionals in marketing, comme... See more »
October 25, 2016IBM Blog

IBM Powers MobileFirst for iOS Apps with Watson to Boost Decision Making for Professionals

IBM today announced it will empower professionals with the first-of-its-kind ability to combine enter... See more »
October 25, 2016IBM Blog

The Weather Channel Launches Bot For Facebook Messenger, Powered By IBM Watson

The Weather Company, an IBM Business announced today that The Weather Channel has launched a cognitiv... See more »
October 20, 2016IBM Blog

Report: IBM Global Business Services Ranked #1 in Thought Leadership

IBM announced today that for the fifth time, its consulting organization was named the industry's top... See more »
October 19, 2016IBM Blog

The Weather Company Launches its Signature WEATHERfx Ad-targeting Platform in Germany with BurdaForward

Together with BurdaForward and launch partner GlaxoSmithKline (GSK), The Weather Company, an IBM Busi... See more »
April 14, 2015IBM BLOG

Residency announcement: Systems of Insight in the Digital Transformation Era

See more »

IBM Press Releases

December 19, 2019PR Newswire

IBM Data Science Elite Team Helps Propel IBM to #1 in Global AI Market Share

ARMONK, N.Y., Dec. 19, 2019 /PRNewswire/ -- IBM (NYSE: IBM) announced today momentum and growth for i... See more »
December 3, 2019Newswire

IBM Artificial Intelligence Certified Technical Training Program Price Announced

Simplilearn announced the launch of an exclusive AI Engineering program that teaches students how to ... See more »
November 25, 2019PR Newswire

Cenovus Energy Selects IBM to Boost Digital Transformation with SAP®

ARMONK, N.Y. and CALGARY, Alberta, Nov 25, 2019 /PRNewswire/ -- IBM (NYSE: IBM) today announced that ... See more »
November 20, 2019PRZOOM

Frost & Sullivan Names IBM Sterling Order Management Recipient of 2019 Global Customer Value Leadership Award

PRZOOM - Newswire (press release) - Wed, 20 Nov 2019 00:00:00 -0500, London, United Kingdom - The AI-... See more »
November 12, 2019PRcom

IBM, Lenovo, HPE and Huawei Top ITIC 2019 Mid-Year Server Reliability Poll

IBM, Lenovo hardware up to 24x more reliable; 28x more economical vs. least reliable White box. For t... See more »
October 24, 2019PR Newswire

IBM Services Takes Digital Banking to the Next Level with Shared Resources Across Banks

ARMONK, N.Y., Oct. 24, 2019 /PRNewswire/ -- IBM (NYSE: IBM) today announced that Japan's Toho Bank wi... See more »
October 15, 2019GlobeNewswire

Premier Health Announces Collaboration with IBM Canada

Premier Health to Develop a "Virtual Medical Office Assistant" Using IBM Watson AI to Enable Employee... See more »

IBM Videos

April 5, 2019IBM Youtube Channel

"IBM Cloud: The Cloud That Manages It All" on YOUTUBE

See more »
June 29, 2016IBM Youtube Channel

"IBM Cognitive Supply Chain - Risk Insights" on YOUTUBE

See more »
June 9, 2016IBM Youtube Channel

"IBM GM, Harriet Green on Leadership and Women in IT" on YOUTUBE

See more »
May 27, 2016IBM Youtube Channel

"Cognitive Build: Our Story" on YOUTUBE

See more »
May 18, 2016IBM Youtube Channel

"IBM Today" on YOUTUBE

See more »
January 27, 2016IBM Vimeo Channel

"Think Out Loud - The making of a mural" on VIMEO

IBM Artist in Residence Event, IBM Studios, Astor PlaceIBM invited graffiti artist, Greg Lamarche, to... See more »
January 5, 2016IBM Youtube Channel

"Cognitive Fitness Tracking" on YOUTUBE

See more »

Social Statistics

Headquarters

1 New Orchard Road

Armonk, New York10504-1722

1-914-499-1900

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

IBM (NYSE: IBM) is a multinational technology corporation founded by Charles Ranlett Flint in 1911 and headquartered in Armonk, New York. IBM employs more than 380,000 employees and produces $80B USD in annual revenue. IBM’s product line consists of p...

CEO

IBM's Chairman & CEO, Virginia M. Rometty, currently has an approval rating of 70%. IBM's primary competitors are Accenture, Capgemini & DXC.

Website

ibm.com

Frequently Asked Questions about IBM

  1. When was IBM founded?

    IBM was founded in 1911

  2. Who is IBM's CEO?

    IBM's CEO is Virginia M. Rometty

  3. How much revenue does IBM generate?

    IBM generates $77.1B in revenue

  4. How much funding does IBM have?

    IBM has historically raised $0 in funding

  5. Where is IBM's headquarters?

    IBM's headquarters is in Armonk New York, USA

  1. How many employees does IBM have?

    IBM has 350,600 employees

  2. What sector does IBM operate in?

    IBM is in IT Services, Internet Software, IT Consulting

  3. Who are IBM's competitors?

    IBM's top competitors are Accenture, Capgemini, DXC

  4. Who has IBM invested in?

    IBM's has invested in companies such as Apttus, Lightbend, Digital Asset
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